December 27, 2006
China Life Insurance Co. says it will set a price this week for an initial public offering on Chinese markets that could raise up to 28 billion yuan (US$3.6 billion; euro2.8 billion). The company would become the first Chinese insurer …
December 26, 2006
American International Group Inc. sued a former accounting vice president last Friday, alleging she has refused to return company computers and confidential information and has attempted to “harass, extort and injure” the insurer. The insurance company filed its breach-of-contract claim …
December 19, 2006
Standard & Poor’s Ratings Services has assigned its “A” counterparty credit and insurer financial strength ratings to Mitsui Sumitomo Insurance Co. (Hong Kong) Ltd. (MSIHK) with a stable outlook. “The ratings reflect MSIHK’s strategic importance to its parent. They also …
December 6, 2006
Guy Carpenter & Co., the global risk and reinsurance specialist of the Marsh & McLennan Companies announced that its Instrat(R) unit has published “Typhoon Saomai: Impact and Historical Comparison.” The bulletin notes that “in addition to providing an overview of …
November 20, 2006
U.K.-based Kiln PLC, a leading Lloyd’s insurer, announced that its wholly owned Hong Kong subsidiary, R J Kiln & Co Limited, has acquired the Hong Kong based underwriting agency, International Reinsurance Services Limited (IRS), for the benefit of Names on …
November 20, 2006
It’s reasonable to assume that an avian flu pandemic could take flight in the near future, and companies need to prepare a response, according to Rick Casse, former director of business continuity planning for Gap Inc. According to Casse, the …
November 19, 2006
It’s reasonable to assume that an avian flu pandemic could take flight in the near future, and companies need to prepare a response, according to Rick Casse, former director of business continuity planning for Gap Inc. According to Casse, the …
November 17, 2006
Beazley Group plc announced that to strengthen its U.S. commercial property team ahead of its launch in the admitted market the company has hired Neil Brown as the senior underwriter for its central region, based in Chicago. Brown joins Todd …
November 6, 2006
It’s reasonable to assume that an avian flu pandemic could take flight in the near future, and companies need to prepare a response, according to Rick Casse, former director of business continuity planning for Gap Inc. Keeping that in mind, …
November 5, 2006
It’s reasonable to assume that an avian flu pandemic could take flight in the near future, and companies need to prepare a response, according to Rick Casse, former director of business continuity planning for Gap Inc. Keeping that in mind, …